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Author Topic: 100 usd enough to start trading ?  (Read 5996 times)
Enochian
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September 13, 2018, 06:34:10 AM
 #401

$100 USD is to low to start trading. That amount is just good enough to hodl one or two coins for long term. You made the right decision to hodl ETH because the price is going low and it can recover anytime. ETH price should be back around mid December this year or probably at the start of 2019. If you want to be successful on trading and earn on short term like most traders do, $500-$1000 will be enough to buy different coins with high appreciation rate.
I think you can trade with any sum. But your profit will be commensurable. And for learning it's not bad. Trading allow to work for any people. And slowly increasing own trading funds is a recipe for success and a sign of the right strategy
andrej.safronov.1990
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September 13, 2018, 06:42:37 AM
 #402

I wonder what it is you want to make it as an investor or as a trader. If as an investor, you have a great asset that should not sell and wait for profit. But if you want to become a trader then study charts and watch the market behavior, then you will see where to invest your money.

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September 13, 2018, 06:50:21 AM
 #403

With this amount, you might not get a lot of profit but you can manage your losses as well as gain so much experience over time so that when you are going to add more money for trading then it will be easier for you because you already have some experience that is useful for the trading and minimizing losses.
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September 13, 2018, 10:05:42 AM
 #404

I suggest you choose coins with fast price changes because trading is a short-term investment method, by choosing a coin that changes its price fast, the benefits will be very easy even if not too much, you can buy altcoins with good prospects like ADA , XLM, XRP.
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September 13, 2018, 10:14:27 AM
 #405

The amount may be a wee bit to give you a huge profit,but it's all cool to start from somewhere at least.Your profit is commensurate with your invesents,so the more you invest,the higher your profit,ill advice you start up with maybe 500 USD or 1 to 2k
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September 13, 2018, 05:03:16 PM
 #406

I have 110 $ ...witch crypto is best to start trading with a small amount as 100 $ actually i'm in etherium ... i see a verry small progress .. is there another crypto more profitable and faster with 100 $ ?!?!?!?!?!?!?
The world of cryptocurrencies is very unpredictable and it is always difficult to know for sure whether there is an opportunity to earn on one of the coins. Try to read the literature on the subject of trading and maybe then you will find your perfect coin.
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September 13, 2018, 05:09:17 PM
 #407

Yes but buy smaller coins. Don't hold bitcoins or ETH because its amount too small to be significant on your holdings in the future.
Donald99
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September 13, 2018, 05:24:17 PM
 #408

I have 110 $ ...witch crypto is best to start trading with a small amount as 100 $ actually i'm in etherium ... i see a verry small progress .. is there another crypto more profitable and faster with 100 $ ?!?!?!?!?!?!?
This is a small amount and it will not be enough to earn good money. But in order to start studying the market and trading this amount is quite enough.

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September 13, 2018, 05:30:36 PM
 #409

Yes, this is quite enough to start. You can start with a smaller amount if you do not have $ 100. If there is little experience, then the amount should not be large.
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September 13, 2018, 05:32:37 PM
 #410

Of course, then $ 100 when the transaction will not have much profit. Let's see, for every $ 2 + -5% trade of $ 100, how much money do you get - not many?
Mosesayo4450
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September 13, 2018, 05:40:03 PM
 #411

I'll advice to learn some professional basis in crypto so you could be more idealistic about what your facing and make research about some coin that are what investing. My own advice will be seek more research.
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September 13, 2018, 05:47:00 PM
 #412

I think that $ 100 may be enough to start. if you're lucky and you invest this money in the right coin .. now you have a good opportunity to buy many promising coins at a good price, which in a future can bring you a good profit

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September 13, 2018, 06:31:04 PM
 #413

5$ are enough as well but just imagine how your profits would differ? It is just like with betting, when 5$ bet get you 35$ profits, 100$ bet will bring you 700$ profit, just compare...

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September 13, 2018, 06:35:32 PM
 #414

$100 is enough to make a start, just don't put all your eggs in one basket. Make sure you do some research first on whichever coin/token you decide to invest in.

Investing in something that has at least been around for a while is a good idea as well, as there are a lot of flash-in-the-pan ones out there.

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September 13, 2018, 07:12:06 PM
 #415

Yes, it's good to start with that amount because you can think clearly. One of the most successful people in the space haven't put like thousands, needcaoin started from only $300

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September 14, 2018, 10:13:10 AM
 #416

I believe that this amount can in principle be enough to start working in the crypto market. Just now it takes a few more months to wait until the market prices reach their minimum. And only then you can start investing money in reliable altcoins from among the top-50.
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September 14, 2018, 11:05:07 AM
 #417

I have 110 $ ...witch crypto is best to start trading with a small amount as 100 $ actually i'm in etherium ... i see a verry small progress .. is there another crypto more profitable and faster with 100 $ ?!?!?!?!?!?!?
I read a mates story here who started trading with an amount lower than what you have and He became very successful. The amount he started with was $35 and by his choice of projects and how he paid attention to the market, He became very successful. $110 is more than enough.
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September 14, 2018, 11:21:48 AM
 #418

To start trading this amount may be enough. But for those who want to get a normal profit, you need to store at least $ 500. But in any case, the main rule of the market - you need to invest the amount of money that you are not afraid to lose.
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September 14, 2018, 11:26:24 AM
 #419

$ 100 is the best amount to start trading, and you can start on popular coins, you can see top crypto via coinmarketcap. for now I am more into ADA, this coin has the potential to rise, or you can also buy STQ, ETH, I'm sure this coin will rise high later
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September 14, 2018, 06:03:41 PM
 #420

Now the whole crypto-currency market is in a big decline and unfortunately you most likely will not be able to earn as fast as it was possible before. But there is a chance. Just look at the new crypto-currencies on the exchanges and find the one that will seem the most interesting to you
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